Starbucks (MEX:SBUX) Cyclically Adjusted Book per Share: MXN-83.14 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:SBUX Starbucks Corp MEX:SBUX
76 GF Score
Price MXN1,819.00
GF Value MXN1,731.89
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Starbucks Cyclically Adjusted Book per Share?

Starbucks MEX:SBUX 76 Cyclically Adjusted Book per Share is MXN-83.14 as of Jun. 2026. GuruFocus rates MEX:SBUX with a GF Score™ of 76/100 and a GF Value™ of MXN1,731.89 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Starbucks's adjusted book value per share for the three months ended in Jun. 2026 was MXN-117.485. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN-83.14 for the trailing ten years ended in Jun. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Starbucks was 23.10% per year. The lowest was -80.90% per year. And the median was 10.40% per year.

As of today (2026-08-04), Starbucks's current stock price is MXN1819.00. Starbucks's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN-83.14. Starbucks's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starbucks was 5252.50. The lowest was 14.16. And the median was 29.38.


Starbucks  (MEX:SBUX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starbucks was 5252.50. The lowest was 14.16. And the median was 29.38.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Starbucks Cyclically Adjusted Book per Share Related Terms


Starbucks Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Starbucks's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Starbucks Cyclically Adjusted Book per Share Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.74 0.41 -20.56 -46.53 -67.38

Starbucks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -62.70 -67.38 -71.88 -79.04 -83.14

MEX:SBUX vs MCD, YUM, CMG: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, Starbucks's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Starbucks Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Starbucks's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Starbucks's Cyclically Adjusted PB Ratio falls into.


MEX:SBUX
76GF Score
Starbucks Corp MEX:SBUX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starbucks Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Starbucks's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-117.485/333.9520*333.9520
=-117.485

Current CPI (Jun. 2026) = 333.9520.

Starbucks Quarterly Data

Book Value per Share CPI Adj_Book
201609 77.898 241.428 107.751
201612 82.012 241.432 113.440
201703 72.899 243.801 99.855
201706 73.062 244.955 99.607
201709 69.089 246.819 93.479
201712 80.256 246.524 108.718
201803 61.915 249.554 82.854
201806 57.392 251.989 76.060
201809 16.710 252.439 22.106
201812 -45.560 251.233 -60.561
201903 -80.749 254.202 -106.082
201906 -68.789 256.143 -89.685
201909 -103.863 256.759 -135.089
201912 -108.550 256.974 -141.067
202003 -151.156 258.115 -195.567
202006 -170.249 257.797 -220.542
202009 -146.955 260.280 -188.550
202012 -133.656 260.474 -171.359
202103 -132.826 264.877 -167.465
202106 -114.823 271.696 -141.133
202109 -92.724 274.310 -112.885
202112 -150.652 278.802 -180.453
202203 -152.219 287.504 -176.811
202206 -152.021 296.311 -171.333
202209 -152.568 296.808 -171.661
202212 -147.239 296.797 -165.671
202303 -133.685 301.836 -147.909
202306 -124.959 305.109 -136.772
202309 -121.880 307.789 -132.240
202312 -129.173 306.746 -140.630
202403 -123.800 312.332 -132.370
202406 -128.462 314.175 -136.549
202409 -129.397 315.301 -137.051
202412 -137.196 315.605 -145.172
202503 -137.249 319.799 -143.323
202506 -127.339 322.561 -131.836
202509 -130.641 324.800 -134.322
202512 -132.600 324.054 -136.650
202603 -133.961 330.213 -135.478
202606 -117.485 333.952 -117.485

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN-83.14 mean?
Starbucks (MEX:SBUX) has a Cyclically Adjusted Book per Share of MXN-83.14 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Starbucks and its competitors.
Is Starbucks' Cyclically Adjusted Book per Share too high?
Starbucks' current Cyclically Adjusted Book per Share is MXN-83.14. Overall, Starbucks has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Cyclically Adjusted Book per Share compare to MCD and YUM?
Starbucks' Cyclically Adjusted Book per Share of MXN-83.14 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Starbucks and its competitors. Starbucks's current Cyclically Adjusted Book per Share is MXN-83.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbucks stock overvalued right now?
Based on GuruFocus' analysis, Starbucks (MEX:SBUX) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,731.89, compared to a current price of MXN1,819.00 — trading 5% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN-83.14. Starbucks' overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Starbucks (MEX:SBUX), the current Cyclically Adjusted Book per Share is MXN-83.14 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Starbucks (MEX:SBUX) Overvalued in 2026?

Based on GuruFocus' analysis, Starbucks stock appears to be overvalued. The current stock price of MXN1,819.00 is trading 5% above its estimated GF Value™ of MXN1,731.89. GuruFocus considers Starbucks to be Fairly Valued.

Key valuation signals for MEX:SBUX:

  • Cyclically Adjusted Book per Share: MXN-83.14
  • GF Value™: MXN1,731.89 vs. price of MXN1,819.00 (5% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the MEX:SBUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starbucks Business Description

Address 2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks stands out as the world's biggest and most recognizable coffee brand, powered by ultracustomizable beverages in-store and a sweeping footprint of nearly 41,000 cafes in over 80 countries. About 52% are company-operated, with the balance run by licensees. The company operates roasteries and sells across its North America (74% of revenue as of the end of fiscal 2025), international (21%), and channel development (5%) segments. The brand collects revenue from company-operated stores, licensee royalties, equipment and product sales, retail ready-to-drink beverages, and packaged coffee.
76GF Score

Get the complete analysis for MEX:SBUX

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,819.00
Price
MXN1,731.89
GF Value